Corporate Finance Solving Capital Challenges: Ecommerce Loans Simplified The e-commerce industry is characterized by both immense opportunities and notable challenges. Among the most pressing challenges is the issue of capital. Whether you’re seeking to scale your operations, manage daily expenses, or optimize inventory during peak seasons, access to timely and adequate funding is crucial. For an e-commerce business owner like yourself, understanding the […] Retail Minded September 27, 2023September 27, 2023 4 min read Results & InvestmentShopifyOperations & Supply ChainShoppersTechnology & InnovationPredictions and ForecastsCustomer ExperiencePricing & PromotionsMarketing: In StoreHealth & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Trends & External Forces Costco Gets Into Healthcare Business The Seattle Times reports that Costco is making a healthcare play, offering its customers/members access to online primary care visits for $29, and mental health visits for $79. The services are being offered through the online health marketplace Sesame, which also will offer Costco members 10 percent off other health services. The Times says that […] MorningNewsBeat September 26, 2023September 26, 2023 2 min read Health & WellnessCostcoDept. HBCWalgreensWalmartResults & InvestmentPartnershipsKrogerDeliveryCVSBest BuyAmazon 0 Saving Bookmark this article Bookmarked
Technology & Innovation How to Win in Retail: Less Science, More Art By Doug Stephens Over the last 20 years, technology has transformed retail. Mobile phones have become essential conduits for communication, entertainment and commerce. Technologies like augmented reality, once a novelty, have become commonplace digital merchandising and selling tools. E-commerce, which in 2003 amounted to a rounding error on most retailers’ profit and loss statements, has […] Retail Prophet September 25, 2023September 25, 2023 7 min read Technology & InnovationAIConsumersShoppersData & InsightsESG and CSRCustomer ExperienceCompetitionSustainabilityResults & InvestmentDept. ApparelBrick and MortarDept. NonfoodInternationalDept. Toys & GamesAmazonPredictions and ForecastsMerchandisingDept. BeverageDept. HBCDept. Adult BevCOVID19Trends: RetailDept. PerimeterInternational - UKMarketing: Loyalty & SubscriptionMarketing: Social MediaMetaverseTech: AR and VRDept. Fresh 0 Saving Bookmark this article Bookmarked
Data & Insights EXCLUSIVE: The 340B Program Reached $54 Billion in 2022—Up 22% vs. 2021 Drug Channels has just obtained new details on the size of the 340B Drug Pricing Program. I couldn’t wait to share the news, hence this special Sunday post. For 2022, discounted purchases under the 340B program reached a record $53.7 billion—an astonishing $9.8 billion (+22.3%) higher than its 2021 counterpart. The difference between list prices […] Drug Channels September 24, 2023September 24, 2023 2 min read Data & InsightsMarketing: Social MediaHealth & WellnessConsultingMeta (Facebook)EconomyDept. PharmacyDept. HBC 0 Saving Bookmark this article Bookmarked
Trends & External Forces CVS Health appoints Michael F. Mahoney to its board of directors [[“value”:” CVS Health Corporation has appointed Michael F. Mahoney, Chairman and CEO of Boston Scientific Corporation, a global medical technology leader, to serve on the Board of Directors of CVS Health, effective November 1. “Mike’s focus throughout his career – to drive improvements in health outcomes and increase access to care – align […] Supermarket News September 23, 2023September 23, 2023 2 min read Health & WellnessCVSExecutivesDept. HBCInternationalTechnology & InnovationConsumersResults & InvestmentJohnson & JohnsonOperations & Supply ChainStrategyAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Hy-Vee launches RedMedia omnichannel retail media network Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […] Supermarket News September 22, 2023September 25, 2023 2 min read Hy-VeeRegional GroceryMarketing: Retail MediaShoppersOmnichannelData & InsightsPartnershipsConsumersMarketing: In StorePredictions and ForecastsIndustry Conferences and EventsCustomer ExperienceDept. Adult BevDept. BeverageBrick and MortarMarketing: Direct & PersonalizationTrends: MarketingDept. HBCESG and CSRHealth & WellnessBig DataMarketing: Social MediaMarketing: TradeOperations & Supply ChainTargetDept. PharmacyAgencies 0 Saving Bookmark this article Bookmarked
Department: HBC E.l.f. Beauty reformulated over 300 SKUs in FY2023 [[“value”:” Dive Brief The beauty company’s latest impact report revealed new sustainability goals, such as further improving its packaging. Published Sept. 21, 2023 E.l.f. Skin hydration products. E.l.f. Beauty in August announced it would acquire skin care brand Naturium. Courtesy of E.l.f. Skin “]] RetailDive September 21, 2023September 21, 2023 < 1 min read Dept. HBCSustainabilityPackaging 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Amazon Announces Oct. 10-11 as Next Prime Sale Amazon.com announced on Monday that its next Prime Day sale will be held Oct. 10-11, promising deals as often as every five minutes during the 48-hour event. This is the second Prime Day event the online retail giant has held this year. During the July Prime Day event, the top-selling deal categories included home, fashion and […] Marie Albiges September 21, 2023September 21, 2023 < 1 min read AmazonHoliday & EventsConsumersBest BuyData & InsightsDept. ApparelDept. HBCWalmartMarketing: BroadcastMarketing: Loyalty & SubscriptionMarketing: TradePricing & PromotionsTargetTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Associates & Employees Amazon To Hire 250,000 Season Employees This Holiday Season Amazon said yesterday that it plans to hire 250,000 full-time and part-time employees in a variety of roles during the upcoming holiday season. John Felton, Amazon’s senior vice president of Worldwide Operations, said in a prepared statement that “whether someone is looking for a short-term way to make extra money, or is hoping to take […] MorningNewsBeat September 20, 2023September 20, 2023 < 1 min read AmazonHoliday & EventsAssociatesOperations & Supply ChainHealth & WellnessExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Department: Nonfood Walmart Pilots Pet Services Center in Georgia Walmart has opened its first-ever Pet Services center at the same store in Dallas, Ga. Where it piloted the first Walmart Health center. “Now customers will be able to conveniently access their family’s basic health care solutions in one central location, including the health care needs of their furry friends,” said Kaitlyn Shadiow, VP of Merchandising […] Retail TouchPoints September 20, 2023September 21, 2023 2 min read Dept. PetWalmartHealth & WellnessDept. HBCMarketing: Social MediaBrick and MortarStore LocationMarketing: In StorePartnershipsMarketing: Loyalty & SubscriptionDept. GroceryPredictions and ForecastsDept. PharmacyPricing & PromotionsStrategyMerchandising 0 Saving Bookmark this article Bookmarked
Media & Marketing From followership to friendship: strategies for creating connection on TikTok In the ‘Insight to Impact with Mintel Consulting’ series, thought leaders on our Marketing Intelligence team expand on research and insights identified in Mintel Comperemedia research. Today’s article is inspired by Compremedia’s Winning Strategies: Key Brand Opportunities on TikTok, and explores platform content recommendations for CPG, beauty and retail brands. There is no denying the […] Mintel September 20, 2023September 20, 2023 5 min read Marketing: Social MediaTikTokConsumersData & InsightsRestaurantsESG and CSRDept. LaundryTargetTechnology & InnovationCOVID19ConsultingDept. HBCStrategyAcquisitionHealth & WellnessOperations & Supply ChainDept. NonfoodHome DepotMarketing: Direct & PersonalizationDept. Fresh 0 Saving Bookmark this article Bookmarked
Data & Insights The True Cost of Loyalty: Why it’s Crucial for Retailers to Protect Loyalty Data Loyalty is big business. In the U.S., research has shown that there are over 3.3 billion loyalty memberships. Programs span across almost all markets, from supermarkets and restaurants to beauty and hospitality. For organizations, a loyalty program that resonates with consumers can set them apart from competitors. Last year, for example, Starbucks told investors that […] Erfan Shadabi September 20, 2023September 20, 2023 3 min read Data & InsightsMarketing: Loyalty & SubscriptionLegal & CriminalConsumersShoppersPartnershipsTechnology & InnovationStrategyRestaurantsExecutivesOperations & Supply ChainInternational - UKDept. HBCEconomyMarketing: TradePricing & PromotionsDept. NonfoodConsulting 0 Saving Bookmark this article Bookmarked
Shopper & Customer Creating a personalised shopping experience [[“value”:” More recently, retailers have begun using beacon technology to create personalised shopping experiences. Credit: Prostock-studio/Shutterstock. In recent years, the retail industry has experienced a challenging environment following unforeseen events and consumers’ lifestyle changes. High inflation and the increased cost of living are limiting consumer spending as shoppers re-evaluate their priorities and cut back on […] Retail Insights Network September 19, 2023September 21, 2023 2 min read ShoppersConsumersBrick and MortarTechnology & InnovationCustomer ExperienceOperations & Supply ChainMarketing: In StoreDept. ApparelPricing & PromotionsMarketing: Loyalty & SubscriptionTargetDept. HBCEconomyInternational - UKSustainabilityPredictions and ForecastsMarketing: TradeDept. FuelHealth & WellnessKrogerDept. NonfoodDept. GroceryTrends: Retail 0 Saving Bookmark this article Bookmarked
Department: HBC Ulta Beauty launches second year of accelerator program [[“value”:”The beauty retailer’s MUSE Accelerator program connects brand owners with industry experts for 10 weeks to grow their businesses.”]] RetailDive September 16, 2023September 16, 2023 < 1 min read Dept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Grocery SN Top 10: Kroger, Aldi, Sprouts top the week's headlines [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the […] Supermarket News September 11, 2023September 11, 2023 2 min read Regional GroceryKrogerBrick and MortarAlbertsons / SafewayAldiLegal & CriminalAcquisitionExecutivesDivestituresWalgreensLidlIndustry Conferences and EventsWhole FoodsSustainabilityDept. FreshC&S Wholesale GrocersGovernmentMergersDept. GroceryAmazonDept. HBCAhold DelhaizeDept. DairyWalmartHEB 0 Saving Bookmark this article Bookmarked
Media & Marketing Bunding Hand-Held Foods Drives Restaurant Sales Growth Do you know who is your customer and where are they shopping today. That said, don’t stop where will they be shopping next week, next month, next year. What channels of distribution are your entrees, sides, or deserts selling? Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® believes that if you are […] Grocerant Guru September 9, 2023September 9, 2023 4 min read InstacartMarketing: BroadcastStreamingData & InsightsConsumersDeliveryPartnershipsDept. GroceryMarketing: Digital MediaMarketing: Social MediaDept. FreshDept. BeverageDept. PerimeterShoppersRestaurantsTwitterBrick and MortarMeta (Facebook)Operations & Supply ChainTechnology & InnovationDept. ApparelMarketing: Retail MediaTrends: TechResults & InvestmentDept. HBCDept. NonfoodDept. PetESG and CSRInternational - North America 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain The Weekly Closeout: RH wants to restore iconic Miami Beach property, Banana Republic sells furniture [[“value”:” This audio is auto-generated. Please let us know if you have feedback. It’s been another week with far more retail news than there is time in the day. Below, we break down some things you may have missed during the week, and what we’re still thinking about. From Amazon facing a proposed class action […] RetailDive September 9, 2023September 9, 2023 5 min read ReturnsExecutivesLowesConsumersKellogg'sAmazonShoppersPartnershipsLegal & CriminalResults & InvestmentOperations & Supply ChainPress ReleaseAcquisitionDept. Natural / OrganicMarketing: Loyalty & SubscriptionDept. GroceryAssociatesData & InsightsDept. FreshInclusivityMarketing: BroadcastDept. BakeryHealth & WellnessDept. NonfoodWalmartBrick and MortarDept. HBCTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Department: HBC Ulta Beauty nearly triples ship-from-store locations [[“value”:”The fulfillment method offers faster and more cost-effective deliveries to customers, CEO Dave Kimbell said.”]] RetailDive September 7, 2023September 7, 2023 < 1 min read Dept. HBCExecutivesPricing & Promotions 0 Saving Bookmark this article Bookmarked
Associates & Employees Hiring Expected To Slow; Retail To Take The Brunt Of The Trend New government projections for the coming decade suggest that hiring is likely to slow down, and that retail will be of the segments likely to suffer the most. From Bloomberg: “US employment gains will slow significantly and be more concentrated across few sectors in the decade through 2032 as population growth moderates, fresh government estimates […] MorningNewsBeat September 7, 2023September 7, 2023 2 min read AssociatesEconomyGovernmentESG and CSRMarketing: In StoreDept. HBCDept. FuelDept. FreshOperations & Supply ChainTechnology & InnovationHealth & WellnessUnilever 0 Saving Bookmark this article Bookmarked
Technology & Innovation Navigating the Future: How Composable Architectures Are Powering the Next Generation of Retail In today’s rapidly evolving retail landscape, adaptability is key. Retailers must stay ahead of changing market dynamics and shifting consumer behaviors to remain competitive. To achieve this, they require robust and flexible retail systems that can seamlessly adapt and scale. This is where composable architectures come into play, offering a transformative solution that empowers the […] Kristin Naragon September 7, 2023September 7, 2023 3 min read Technology & InnovationPredictions and ForecastsData & InsightsShoppersAIOperations & Supply ChainOmnichannelTrends: RetailMarketing: Social MediaDept. ApparelMarketing: PrintDept. HBCConsumersMarketing: Direct & PersonalizationMeta (Facebook)Trends: TechResults & InvestmentStrategyTech: AR and VRMetaverse 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Birchbox restarts fulfillment under new ownership [[“value”:”The beauty subscription company raised membership prices and started shipping monthly boxes to existing customers.”]] RetailDive September 7, 2023September 7, 2023 < 1 min read Operations & Supply ChainDept. HBCDelivery 0 Saving Bookmark this article Bookmarked
Channel: Grocery Giant Food to start receipt checks at DC store as it battles ‘unsustainable levels of product theft’ The grocer also plans to stop selling certain national brand health and beauty care items “in the coming weeks,” a spokesperson said. Grocery Dive September 6, 2023September 6, 2023 < 1 min read Dept. HBCRegional GroceryLegal & CriminalDept. GroceryAhold DelhaizeHealth & Wellness 0 Saving Bookmark this article Bookmarked
Media & Marketing The Winning Strategy Of Unbounded Brands Understanding the difference between “bounded” brands and “unbounded” brands is how toddler companies become unicorns. Most companies provide their Users with solutions to their problems and slog away at becoming better, faster, cheaper, stronger, more powerful, more engaging, easier to use, better fitting, frictionless. These companies compete with other enterprises within their vertical: whether it’s […] Branding Strategy September 6, 2023September 6, 2023 6 min read Marketing: BrandDept. ApparelStrategyDept. BeverageDept. HBCDept. NonfoodMarketing: In StoreDept. Toys & GamesMarketing: Social MediaData VisualizationPredictions and ForecastsPartnershipsDept. DairyTechnology & InnovationESG and CSRExecutivesHealth & WellnessMarketing: OOHShoppersSustainabilityDept. GroceryCoca Cola 0 Saving Bookmark this article Bookmarked
Channel: Drug CEO Departure Reflects Walgreens’ Shift In Priorities Walgreens Boots Alliance announced on Friday that its CEO, Rosalind Brewer, has left the company in what was described as a “mutual decision.” According to the company, Ginger Graham, a member of its board of directors, has been named interim CEO as a search for a replacement to Brewer is conducted. The New York Times […] MorningNewsBeat September 5, 2023September 5, 2023 2 min read WalgreensExecutivesHealth & WellnessDept. HBCDept. PharmacyCOVID19WalmartCVSRestaurantsConsumersAssociates 0 Saving Bookmark this article Bookmarked
Channel: Grocery Giant Food store removes branded HBC items to deter theft [[“value”:”Location in DC will also add security measures to address “unsustainable” conditions”]] Supermarket News September 5, 2023September 5, 2023 < 1 min read Regional GroceryLegal & CriminalDept. HBCDept. GroceryAhold DelhaizeStore Location 0 Saving Bookmark this article Bookmarked
Shopper & Customer Is It Too Late for JCPenney to ‘Make it Count’? Inside the Retailer’s $1B Turnaround Plan JCPenney is self-funding its latest turnaround plan, which includes a reinvestment in its core customer and a more focused value proposition. CEO Marc Rosen shared in a briefing that given the retailer’s “strong balance sheet,” it is taking cash flow generated by the business and reinvesting it in core initiatives that will help “make every […] Retail TouchPoints September 1, 2023September 1, 2023 5 min read ShoppersTechnology & InnovationAIAssociatesOperations & Supply ChainConsumersMarketing: In StoreBrick and MortarMarketing: Loyalty & SubscriptionResults & InvestmentPartnershipsDept. ApparelMerchandisingDept. NonfoodDept. FreshMarketing: Social MediaOwned Brands (Private Label)ExecutivesStrategyDept. HBCPackagingData & InsightsPhilanthropyPredictions and ForecastsMarketing: UGCBankruptcyInclusivity 0 Saving Bookmark this article Bookmarked
Shopper & Customer Restaurants Wonder What to Do with the ‘Sober Curious Mindful-Drinking’ Customers Have you noticed that younger generations are practicing “mindful drinking,” a philosophy that promotes meditation and awareness of the impact that alcohol has on overall mental health. If not you’re, not the only one Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® had not either. However, after reading new research; he suggested […] Grocerant Guru August 30, 2023August 30, 2023 5 min read ConsumersDept. Adult BevDept. BeverageMarketing: BroadcastData & InsightsStreamingShoppersHealth & WellnessTargetESG and CSRMarketing: TradeCannabisMarketing: Direct & PersonalizationDept. HBCRestaurantsPartnershipsTechnology & InnovationMarketing: UGCEconomyStore LocationPricing & PromotionsPredictions and ForecastsPepsiCoMarketing: Social MediaMarketing: In StoreMarketing: Digital MediaLegal & Criminal 0 Saving Bookmark this article Bookmarked
Shopper & Customer A Mixed Picture for Retailers as Bargain-Hunting Shoppers Pick Their Spots U.S. retailers are experiencing a mixed picture in terms of consumer spending trends, with discounted apparel, small home projects, and beauty products seeing strong demand, while other discretionary purchases remain subdued due to elevated prices. Discount apparel chains like TJX Cos and Ross Stores, along with cosmetics retailer Ulta Beauty, have raised their annual expectations,… RetailWire August 30, 2023September 5, 2023 < 1 min read ShoppersDept. HBCDept. ApparelConsumersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: HBC e.l.f. Beauty to Acquire Skin Care Brand Naturium for $355M e.l.f. Beauty has signed a definitive agreement to acquire Naturium, a fast-growing, high performance skin care brand for $355 million in a combination of cash and stock, the company announced Tuesday. The deal is expected to double e.l.f. Beauty’s presence in skin care to approximately 18 percent of retail sales. The transaction, which is subject […] Kristina Stidham August 30, 2023August 30, 2023 2 min read Dept. HBCAcquisitionPartnershipsExecutivesInternationalSustainabilityTargetAmazonESG and CSRInclusivityPredictions and ForecastsPress ReleaseResults & Investment 0 Saving Bookmark this article Bookmarked
Department: HBC E.l.f. Expands Skin Care Lineup with $355M Acquisition of Naturium E.l.f. Beauty has acquired the fast-growing skin care brand Naturium for $355 million in a combination of cash and stock. The acquisition is expected to close around Sept. 30, 2023 and will double E.l.f.’s presence in the skin care category to approximately 18% of the company’s retail sales. “Naturium aligns with E.l.f. Beauty’s vision to […] Retail TouchPoints August 29, 2023August 29, 2023 2 min read Dept. HBCAcquisitionMarketing: Social MediaData & InsightsExecutivesInclusivityInternationalAmazonAssociatesPartnershipsStrategyTarget 0 Saving Bookmark this article Bookmarked
Technology & Innovation Technology & Innovation ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech After 12 years of working in – or adjacent to – the ad tech industry, I am coming to terms with the simple answer to many depressing questions. The post ‘Money Doesn’t Stink:’ The Sad State Of Affairs In Ad Tech appeared first on AdExchanger. Written by AdExchanger September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Department: Consumer Durables Department: Consumer Durables Corporate Strategy Lego Abandons One of Its Projects To Make Oil-Free Bricks -FT Danish toymaker Lego has reportedly abandoned a prominent initiative to eliminate oil-based plastics from its bricks. This decision comes after the company discovered that the new material, recycled polyethylene terephthalate (RPET), would result in higher carbon emissions. Lego’s CEO, Niels Christiansen, mentioned that extensive testing revealed it was challenging to find a material that met… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Drug Shopper & Customer Trends & External Forces Stores & Formats CVS Is Permanently Closing Hundreds of Stores for a Surprising Reason As the pandemic’s impact on brick-and-mortar retail lingers, the U.S. drugstore landscape is undergoing significant changes. CVS, the largest drugstore chain in America, is implementing a policy change that will lead to the closure of hundreds of stores over the next three years, aiming to optimize store locations based on population shifts and consumer buying… Written by RetailWire September 26, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Corporate Strategy Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Amazon Invests $4 Billion in AI Company Anthropic Amazon will invest up to $4 billion in Anthropic and gain a minority ownership position in the company, part of a deal that will have Amazon Web Services (AWS) become Anthropic’s primary cloud provider. Anthropic will make its future AI foundation models accessible to million of developers, as well as provide AWS customers with early […] Written by Retail TouchPoints September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked
Channel: Marketplace Partnerships & Alt Profit Media & Marketing Retailer Media Shopify Audiences Adds Criteo, Its First Open Web Ads Partner Shopify Audiences debuted last year with only Google and Meta. In January, Pinterest was added to the mix. Now TikTok, Snap and, notably, Criteo will be able to plug into The post Shopify Audiences Adds Criteo, Its First Open Web Ads Partner appeared first on AdExchanger. Written by AdExchanger September 25, 2023September 26, 2023 Saving Bookmark this article Bookmarked